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Atish R. Ghosh is the Historian of the International Monetary Fund.Ghosh is coauthor (with Holger C. Wolf and Anne-Marie Gulde) of Exchange Rate Regimes: Choice and Consequences (MIT Press, 2003). Jonathan D. Ostry is Deputy Director of the Research Department of the International Monetary Fund. Mahvash S. Qureshi is Deputy Chief of the Systemic Issues Division in the Research Department of the International Monetary Fund.